Singapore legislation

Regulation 16

of Income Tax (Exemption of Foreign Income) (Consolidation) Order

Regulation 16

Amended byS 277/90 — 20.7.90

TCE Audio Manufacturing Singapore Pte. Ltd. is hereby granted exemption from tax on the dividends received in Singapore by the company from its investment in a country outside Singapore, subject to the terms and conditions specified in the letter of approval dated 2nd July 1990 addressed to the company.